Print Options
PrintThe Whole
Instrument
PrintThe Whole
Schedule
PrintThis
Section
only
Status:
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
Multiple beneficiaries: nominated individuals only
This section has no associated Policy Notes
8.—(1) Where—
(a)two or more adults (the “nominated adults”) are beneficiaries of a lump sum death benefit, and
(b)none of the following are beneficiaries—
(i)a surviving adult, or
(ii)an eligible child (whether or not an adult),
the eligible decision-maker is determined in accordance with sub-paragraph (2).
(2) The eligible decision-maker is—
(a)M’s personal representative;
(b)where M has no personal representative, the person agreed upon by the nominated adults;
(c)where—
(i)M has no personal representative, and
(ii)no decision about whether to make an election has been received by the scheme manager by the day four weeks before an election must, in accordance with these Regulations, be received by the scheme manager,
the scheme manager.
Back to top